OFF TOPIC
Tuan-
After performing a brief TA and FA (including recent quarterly results, margin analysis, balance sheet, etc.), it looks like TLGD could be a good buy. I don't know much about the business in which it operates, so I can't be sure about sales growth. But gross profit is increasing nicely, partly offset by higher G&A costs. However, the company has been committed to R&D, which is good. Return on equity has been increasing and the balance sheet is very strong, including good control of inventory and receivables. Technically, the stock has been forming a 6 week ascending triangle, with the possible breakout at $24. I believe Q3 results should be announced this week. If the results are higher than .25, the stock should break out from $24. Depending upon how good the quarter was, the stock might run all the way up to $31 (old high).
If you buy now, you guarantee yourself full participation in any run-up. But if the company disappoints, the stock will drop to $20. Based on the chart and the company's recent ability to beat estimates (not to mention the fact that there's only 1 analyst), I'd say the stock will break out within the next week.
TLGD looks good. But CCSC looks GRRRRRRREAT!
Todd |
